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U.S. Economy Topics

Economy

Democracy Now! stories, posts and pages that relate to U.S. Economy

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  • Bernie-sanders
    The Greek election has also factored into the U.S. presidential race. On Monday, Democratic presidential candidate Sen. Bernie Sanders said, "I applaud the people of Greece for saying 'no' to more austerity for the poor, the children, the sick and the elderly. In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment...
    July 07, 2015 | Story
  • Greece-button-2
    As Greek voters reject further budget cuts and tax hikes in exchange for a rescue package from European creditors, who is to blame for the debt crisis embroiling Greece? Is Germany trying to crush Greece to set an example? Will Greece leave the eurozone? What does this mean for the global economy? We speak to Richard Wolff, emeritus professor of economics at University of Massachusetts, Amherst, and visiting professor at New School University....
    July 07, 2015 | Story
  • Hillary-clinton-tpp-trans-pacific-partnership-1
    Former secretary of state, senator and first lady Hillary Clinton kicked off her White House bid to become the first woman U.S. president by highlighting her support for income equality, regulating Wall Street and vowing to fight for a fairer economy. On Sunday, she broke her silence on the secretive Trans-Pacific Partnership deal, saying President Obama "should listen to and work with his allies in Congress, starting with Nancy Pelosi,...
    June 15, 2015 | Story
  • David-sirota-pensions-democracynow-1
    We look at a Wall Street scandal that has generated little attention but impacts millions of American public workers. In recent years, cities and states have been increasingly investing worker pensions in risky hedge funds, private equity and other so-called "alternative investments." Many of the investments are being done in secret while politically connected Wall Streets firms — including Blackstone, the Carlyle Group and...
    February 13, 2015 | Story
  • Obama-budget-announcement-1
    President Obama has unveiled a $4 trillion budget proposal for next year Congress that calls for raising taxes on the wealthy and corporations in order to help fund education and fix crumbling infrastructure. The plan includes tax cuts for some poor and middle-class families. It also seeks to recoup losses from corporations that stash an estimated $2 trillion overseas by taxing such earnings at 14 percent, still less than half of the 35...
    February 04, 2015 | Story
  • Povertyinequality
    Republicans have accused President Obama of waging class warfare for using his State of the Union to push for an increase in taxes and closing loopholes that benefit the wealthiest 1 percent of Americans. Pulitzer Prize-winning tax reporter David Cay Johnston says there is indeed a class war going on in Washington — but by the rich against the poor. Johnston’s latest book is "Divided. The Perils of Our Growing Inequality."
    January 21, 2015 | Story
  • Fleischmann-6
    In holiday special, we feature a Democracy Now! broadcast exclusive interview with Alayne Fleischmann, the whistleblower who helped the Justice Department force JPMorgan Chase to pay one of the largest fines in U.S. history for its role in the financial crisis. She is featured in a Rolling Stone investigation by recently returned Matt Taibbi, who also joins us. Fleischmann details how she witnessed "massive criminal securities fraud"...
    January 01, 2015 | Story
  • Matttaibbi
    In part two of our holiday special, we feature our April 2014 interview with Matt Taibbi about his book, "The Divide: American Injustice in the Age of the Wealth Gap." The book asks why the vast majority of white-collar criminals have avoided prison since the financial crisis began, while an unequal justice system imprisons the poor and people of color on a mass scale. "It is much more grotesque to consider the non-enforcement...
    January 01, 2015 | Story
  • Walmartwarehousesettlement
    Just days after President Obama praised Wal-Mart’s business practices in a speech at one of its California stores, more than 1,800 warehouse workers in the state have settled a major wage theft lawsuit against one of the retail giant’s largest contractors. On Wednesday, workers at three California warehouses used by Wal-Mart agreed to settle a wage theft lawsuit by accepting a $21 million settlement. The workers had sued Wal-Mart...
    May 15, 2014 | Story
  • Matttaibbi
    Award-winning journalist Matt Taibbi is out with an explosive new book that asks why the vast majority of white-collar criminals have avoided prison since the financial crisis began, while an unequal justice system imprisons the poor and people of color on a mass scale. In "The Divide: American Injustice in the Age of the Wealth Gap," Taibbi explores how the Depression-level income gap between the wealthy and the poor is mirrored by...
    April 15, 2014 | Story